Spring Statement 2025: Background briefing
Ahead of the 2025 Spring Statement on 26 March, this briefing explains what will happen on the day and summarises the economic situation.
Documents to download
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Non-Domestic Rating (Lists) Bill 2017-19 (295 KB , PDF)
The Non-Domestic Rating (Lists) Bill 2017-19 was introduced into the House of Commons on Wednesday 12 June 2019. Second Reading took place on Monday 17 June. Committee Stage, consisting of a single evidence session and a single scrutiny session, took place on Tuesday 25 June. No amendments to the Bill were tabled. The Bill, and associated documents, can be found on the Parliamentary website.
The Bill would implement the Government’s commitment to alter the length of time between revaluations of rateable values in the non-domestic rating (business rates) system. The Bill would bring forward the date of the next revaluation to 2021 (from 2022) in both England and Wales; and, in England, it would replace the existing five-year cycle with a three-year cycle (with subsequent revaluations in 2024, 2027 and so on). This gives effect to commitments originating in the 2017 Budget and 2018 Spring Statement.
Business rates are devolved to Scotland, Wales and Northern Ireland. The Bill extends to, and has effect in, both England and Wales.
Documents to download
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Non-Domestic Rating (Lists) Bill 2017-19 (295 KB , PDF)
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VAT and Churches
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